News

A wave of AI server farms is turning Malaysia into Southeast Asia’s digital epicentre, but their high energy use could derail the country’s climate goals.

The World Economic Forum (WEF) launched the Biodiversity Credits Initiative in 2022, aiming to stimulate investment through market-based mechanisms. But how has this emerging market evolved since then and what risks does it entail?

Japanese heavy industry firm Kanadevia announced a partnership with Taiwan’s Liang Lian Industries to jointly construct spherical liquefied CO2 storage tanks on July 22. The collaboration targets carbon storage projects in Southeast Asia.

UK potatoes, South Korean cabbage and west African cocoa are just some of the foods that became markedly more expensive after extreme weather events in recent years, according to new research.

Indonesia’s official carbon exchange platform, IDX Carbon, has recorded nearly 1.6 million tons of carbon traded since its launch, with 90% of buyers coming from the domestic market.

Following the removal of 239 companies' net-zero commitments by the SBTi last year, an investigation by an online media outlet reveals that only 7% of those companies have obtained SBTi validation for their net-zero targets.

The global research partnership CGIAR recently launched its Asia Digital Hub at WorldFish’s headquarters in Penang, Malaysia. The Hub brings together policymakers, scientists, communities and the private sector to develop and scale digital solutions.

Bank financing for the fossil fuel sector rose by $162.5 billion in 2024, more than 20% compared to 2023, according to a Rainforest Action Network report.

On June 30, more than 100 companies and investors issued a joint statement urging the European Union to maintain its strong sustainability regulations.

To encourage greater corporate participation in voluntary carbon markets, the governments of Singapore, the United Kingdom, and Kenya have launched the Coalition to Grow Carbon Markets, the first government-led initiative of its kind.